This Bitcoin short-term technical analysis for April 16, 2025, focuses on the BTC/USD 1-hour chart, revealing signs of weakness after recent gains. Using the 50-period Moving Average (MA50), 200-period Moving Average (MA200), RSI, and MACD indicators, we break down what traders should watch for next. 
source: cTrader
Bitcoin's short-term technical analysis shows the MA50 (yellow line) previously crossing above the MA200 (red line) — a classic golden cross. However, the MA50 is now sloping downward while the MA200 is flattening, suggesting weakening bullish momentum. Price has broken below the MA50 and is testing the MA200 near $83,400. Key takeaway: If the MA50 crosses below the MA200, it may signal a short-term bearish trend.
The Relative Strength Index (RSI) is now hovering in the mid-40s, below the neutral 50 mark. This supports a bearish outlook in the Bitcoin short-term technical analysis. The RSI has been dropping steadily since peaking above 70 on April 14, indicating reduced buying pressure. Related Keywords: Bitcoin RSI level, BTC price momentum
MACD analysis adds to the bearish sentiment. A bearish crossover has just occurred, with the MACD line dropping below the signal line. The histogram is in negative territory, confirming downward momentum in this Bitcoin short-term technical analysis. Related Keywords: MACD bearish crossover, Bitcoin momentum analysis
Trading volume has decreased notably since April 14, even as price action weakened. This divergence reinforces the bearish signals from other indicators and suggests bulls may be losing control. Bitcoin's price could retrace further if volume doesn’t pick up.
Bitcoin short-term technical analysis currently points to weakening bullish momentum. The bearish MACD crossover, falling RSI, and breakdown below the MA50 suggest the potential for a continued downward move. If Bitcoin fails to hold the MA200, deeper pullbacks could follow. Traders should closely monitor support at $83,400 and watch for a possible bullish bounce or further breakdown.
Stay tuned for the latest updates right here on FIXIO Blog.
※Disclaimer: This content is provided for informational purposes only and does not constitute investment advice. Please be sure to conduct your own research.
Bitcoin short-term technical analysis shows bearish signals from MA50, MACD, and RSI. Discover key price levels and trend direction on chart
Superior trade execution & trading conditions with the NDD method.
The online FX industry provides a platform for investors worldwide to engage in the buying and selling.
Subscribe to our daily newsletter and get the best forex trading information and markets status updates
Trade within minutes!
日本語
English
Comment (0)